In 2024, Elan Microelectronics completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Elan Microelectronics has also provided a category-level breakdown for 3 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 358.844a | 378.061b | 380.488b | |
Total Scope 2 | ||||
Market-Based | 2,307.276a | N/A | N/A | |
Location-Based | 2,438.809a | N/A | N/A | |
Unspecified Calculation Method | N/A | 2,471.483b | 2,612.901b | |
Total Scope 3 | 496.519a | 531.447b | 540.891b | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.9259a | 0.9618b | 0.8973b |
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In 2024, the total operational greenhouse gas (GHG) emissions of Elan Microelectronics amounted to 2,797.653 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Elan Microelectronics decreased by 1.82%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
In 2024, the total Scope 1 emissions of Elan Microelectronics were 358.844 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, Elan Microelectronics's Scope 1 emissions have increased by 170.79%, reflecting a rising long-term trend in Scope 1 emissions over time.ac
Compared to the previous year (2023), Elan Microelectronics's Scope 1 emissions decreased by 5.08%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab
In 2024, Elan Microelectronics reported Scope 2 greenhouse gas (GHG) emissions of 2,307.276 tCO₂e using the market-based method and 2,438.809 tCO₂e using the location-based method.a
In 2024, Elan Microelectronics reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Elan Microelectronics reported 496.519 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Elan Microelectronics includes a breakdown across 3 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, Elan Microelectronics reported total Scope 3 emissions of 496.519 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), Elan Microelectronics's Scope 3 emissions remained relatively stable, indicating that Elan Microelectronics's emissions have plateaued with no significant change in its value chain footprint.ab
In 2024, Elan Microelectronics reported emissions for 3 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
In 2024, the largest contributors to Elan Microelectronics's Scope 3 emissions were:a
In 2024, Elan Microelectronics reported Scope 1 greenhouse gas (GHG) emissions of 358.844 tCO₂e and total revenues of USD 388 millions. This translates into an emissions intensity of 0.93 tCO₂e per millions USD.a
In 2024, Elan Microelectronics reported a Scope 1 emissions intensity of 0.93 tCO₂e per millions USD. Compared to the peer group median of 0.94, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Elan Microelectronics ranked 13 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Elan Microelectronics is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Elan Microelectronics reported a total carbon footprint of 3,294.173 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.57% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab
The largest contributor to Elan Microelectronics's total carbon footprint was Scope 2 emissions, accounting for 74.03% of the company's total carbon footprint, followed by Scope 3 emissions at 15.07%.a